What Makes This Trade Great: BSLK
What Makes This Trade Great: BSLK
Aug 19, 2025
Good morning traders, Barrie Einarson here with today’s breakdown of what makes this trade great.
Today’s ticker is BSLK, and honestly, this one was frustrating for me. It started with an AI alert at 8:45 AM. The setup looked solid, but it got stopped out right at the open. That’s always tough to see—but as I’ve been reminding everyone, the key is to watch for the reentry. To Subscribe: https://go.trade-ideas.com/SHQ
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The Reentry Opportunity
The reentry level showed up around $8.32, halfway between the original alert and the stop. But early on, the spreads were an issue. At times we were seeing a bid at $8 and an ask at $8.40, which makes it very hard to trust the action.
When my price alert triggered right at $8.32, the spread had actually tightened. This was the moment. But here’s where I made the mistake—I second-guessed it, worried they might yank it again.
The Run I Missed
Well, they didn’t. From that $8.32 reentry, the stock took off, running straight into the $12.40s before pulling back. That’s a huge move, and exactly the kind of momentum that makes these setups special.
The Lesson
Even though I didn’t take it, this trade is a perfect reminder: spreads can be scary, early action can shake you out, but when you’ve got a reentry level that lines up, the payoff can be massive.
BSLK is the kind of trade that makes you shake your head—but also motivates you to stick with the process. There will be another one tomorrow.